Restaurant Monthly Profit and Loss Statement Template for Excel – The name itself indicates the very purpose of this software application. Most often restaurants fail in their business not because the menu was not extensive or the meals were not delicious, but because the office of costs, inventory, profits, and losses was not managed efficiently. And this is where this tool promises to deliver, so that while your customers enjoy your delicious food you can also taste success! Designed and developed by Spreadsheet 123, this application comes with a set of five Excel templates for managing the various financial aspects of a restaurant business and calculating the profit and loss without much difficulty.

In other words, this tool promises to take the burden of your shoulders with regards to managing the financial aspects of your business so that you can focus more on the menus and the food that comes out of your kitchen. The application is basically a set of templates; therefore, there is nothing to install or configure. You just need to extract the Excel spreadsheets and get started on it. The spreadsheets are clearly labeled and neatly designed, so it is quite simple to use. All that you need to do is enter the data such as choices of food, liquor, etc and the budgets for each. You can avail this tool on a free to use basis for personal needs; however, if you intend to use it for commercial purposes, it comes with a fee.

The free version has limitations with regards to how much you can customize it for your requirements. If you have MS Excel installed, all that you need to do is download the ZIP files, extract it, and start working. The spreadsheets are easy to use and implement and you can stop worrying about managing your budgets or calculating your profits and losses. This application guarantees to take care of managing these aspects of running your restaurant. You can implement this utility in Windows based systems such as Windows 2000, 2003, 7, Me, XP, and Vista versions. The simplicity of the tool, both in terms of using as well as the ability to implement it are aspects that turn out in favor of this tool.